ExpertEasy1 markMultiple Choice
ACCA · Question 41 · Management, administration and the regulation of companies
Section A
At a general meeting of a company, what right does a proxy have?
Section A
At a general meeting of a company, what right does a proxy have?
Answer options:
A.
To attend and listen, but not to speak or vote.
B.
To vote only on a poll, not on a show of hands.
C.
To attend, speak, and vote on behalf of the shareholder who appointed them.
D.
To veto any special resolution.
How to approach this question
Identify the statutory rights of a proxy at a company meeting.
Full Answer
C.To attend, speak, and vote on behalf of the shareholder who appointed them.✓ Correct
Under the Companies Act 2006, a proxy appointed by a member has the right to attend, speak, and vote (both on a show of hands and on a poll) at a general meeting.
Common mistakes
Thinking proxies can only vote on a poll, which was the old rule before the CA 2006.
Practice the full ACCA LW — Corporate and Business Law Practice Exam 5
60 questions · hints · full answers · grading
More questions from this exam
Q01Section A
In the context of the English legal system, an AI ethics consultancy is appealing a de...MediumQ02Section A
A statute regulating commercial drone flights was drafted in 2015. A new case involves...MediumQ03Section A
Under the Human Rights Act 1998, what is the legal effect if a UK court finds that a p...MediumQ04Section A
NovaTech Ltd offers to sell a batch of quantum processors to Q-Compute Plc. Q-Compute ...MediumQ05Section A
During a severe economic downturn, a landlord agrees to accept half rent from a commer...Hard